NASDAQ is ready to pay out compensation to the investors affected by the issues on the Stock Exchange while Facebook’s initial public offering.
NASDAQ mentioned $ 13.4 million compensation amout, but this is clearly not enough: investors estimate their losses from the glitches on the Stock Exchange at about $ 120 million. Total loss is even higher: Facebook’s capitalization fell down more than $ 50 billion after the IPO.
Specialists of the Simply Zesty Agency picked up the most interesting videos of Facebook advertising campaigns. They all have a bright idea and a proved high level of the users engagement.
You’ve probably already heard about some of these campaigns, while others may be new for you. If your company is also interested in increasing the engagement of it’s audience on Facebook – you’ll be, for sure, inspired by these top advertising videos.
On Tuesday the price of the shares on NASDAQ stock market fell below $ 30 per share – the price dropped another 9.62% down to $ 28.84. The Facebook company value fell by 24%, to $ 61.66 billion since the Facebook IPO on May 18. Investors start talking about “bubble effect” of the social network and that the real level is $ 25 per share.
Facebook IPO scandals continue. Banks – co-organizers of the IPO (Goldman Sachs and JP Morgan) allowed short sell operations for their customers, which also affected Facebook shares fall, reported The Wall Street Journal (WSJ).
They played not only against the Facebook shares investors, but also against the leading underwriter of the IPO – Morgan Stanley, which tried to hold Facebook shares price on the first day of the IPO. Private investors began to take revenge on the social network, without waiting for court decisions: on Friday, someone flooded the article about Facebook in Wikipedia with pornographic images.
Let’s remind that Facebook IPO took place on May 18 with complications on NASDAQ, and Facebook shares quotes started to fall down after the first day of trading. The Friday’s quote is as follows: 31.91$ – 16% lower than the initial offering price.
About a month ago Facebook announced buying of the social photo application Instagram for $1 billion.
Today the social network releases its own Instagram Clone application called Facebook Camera for iPhone. This application allows you to rotate, crop and apply upto 15 filters to the image, tag friends, places on them and add a description.
It’s not a secret that Facebook team likes to experiment with design and test all kinds of innovations.
You may noticed that in April, the size of the Facebook timeline cover image was changed to a bigger one. Facebook decided not to stop on this, and prepared some new changes for the timeline’s design.
They are as follows:
Facebook is quickly becoming one of the most popular platforms for web-scams of all kinds. This is not surprising due to 900 million potential victims. Web criminals invent new ways of cheating everyday, recent trend is Profile Visitor Applications, according to Internet security company Dr. Web.
Mark Zuckerberg married to the longtime girlfriend on the next day after the Facebook IPO. For the guests the wedding was a surprise – they thought that they were invited because of another occasion.
Mashable reports that Facebook rolls out file-sharing feature for groups. It is available now only in Facebook Groups for Schools, which can be joined only by users with the valid email address of the particular college or university. In the nearest future, sharing of the files on Facebook will be available for everyone in any group.
Facebook launches online apps store with games and other applications intended for use in the social network.
Facebook users can access the Facebook App Center through the Internet and Facebook application for iOS and Android. This should help Facebook to monetize its mobile audience. Now it will be hard to say about Google-Apple monopoly in selling mobile apps.
